Some of Wednesday’s top business stories:
Wall Street Journal
Sears cashes out of prime stores, by Suzanne Kapner
U.S. refiners export more fuel than ever, by Ben Lefebvre
New York Times
Obama to pick Yellen as leader of Fed, officials say, by Jackie Calmes
Stubborn skills gap in America’s work force, by Eduardo Porter
Bloomberg
Jos. A. Bank seeks to buy Men’s Wearhouse for $2.3 billion, by Paul Jarvis
Microsoft’s $7.2 billion Nokia bet not luring apps, by Adam Satariano and Douglas MacMillan
Reuters
U.S. mortgage applications edge up on more refinancing: MBA, by Luciana Lopez
Wal-Mart and Bharti Enterprises call off India JV, by Nandita Bose
CNNMoney
Can I just sign up for Obamacare once I’m sick? by Tami Luhby
Today in business journalism
WSJ hires two new tech reporters
Financial Times moving to single print edition
CNBC fires two staffers for stealing
SABEW, national business journalism organization, at a crossroads
IMF joins warnings about potential U.S. default
This date in business journalism history
2007: European regulators raise issues about Reuters/Thomson deal
2008: ACBJ to combine two California papers